Keikyu Daishi Line railway market report

Keikyu Daishi Line Home market overview

The average price of a sq.m Home of Keikyu Daishi Line (Keikyuukawasaki to Kojimashinndenn), in Jul, 2017 to Dec, 2017 was 305,238 JPY/sq.m. The market value represents a decrease of 201,098 JPY (-39.7%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents a decrease of 27 (-81.8%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 24.3 years old (a +110.8% increase compared to the 11.5 years old of last year.). The average size of the real estate was 156.7 sq.m (a -12.6% decrease compared to the 179.2 sq.m of last year.). The average total floor space of the real estate was 284.2 sq.m (a +25.1% increase compared to the 227.1 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving older buildings over 40 years old, as well as a dramatic increase in transactions involving very large total floor space more than 200 sq.m.

0 stations have experienced increased prices; 4 stations have experienced decreased prices. The market value decreased in all stations.

The top 1 stations has seen prices increase -23.1% (-177,809 JPY/sq.m). On the other hand, The bottom 1 stations has seen prices decrease -75.9% (-366,509 JPY/sq.m).

Cause of price increases

  • An decrease in average distance from the station (representing 8.3 min in 2016 and 7.3 min in 2017; -11.7%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 11.5 years old in 2016 and 24.3 years old in 2017; +110.8%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 3.3% of total transactions in 2016 and 33.3% of total transactions in 2017)
  • A dramatic decrease in transactions involving nearly new buildings under 3 years old (representing 46.7% of total transactions in 2016 and 33.3% of total transactions in 2017)

Breakdown of each segment

The table below shows Home dealt in Keikyu Daishi Line, in age, distance from station, and area segments. For example, we can see market trends, such as which transactions have increased more in recent years, those for newer properties, or older ones.

Segment:

※各年ごとの取引件数の割合が高いセグメントほど赤く表示

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Home stations market overview

The average price of a sq.m Home of Kojimashinndenn, the highest market value along this railway was 590,909 JPY/sq.m. The market value represents a decrease of 177,809 JPY (-23.1%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 4 (-80.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of a sq.m Home of Kawasakidaishi, the lowest market value along this railway was 116,356 JPY/sq.m. The market value represents a decrease of 366,509 JPY (-75.9%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 11 (-84.6%) compared to 1 year ago and a transition to a dramatic market.).

Keikyu Daishi Line (Stations Home market overview)
Keikyu Daishi LineThis year(2017)1 year ago2 years ago
Keikyuukawasaki-52,631 JPY (0.0Y/340.0sq.m)3,332,868 JPY (42.5Y/1062.5sq.m)
Minatochou495,238 JPY (0.8Y/70.0sq.m)--
Suzukichou266,666 JPY (40.8Y/50.0sq.m)666,666 JPY (0.5Y/150.0sq.m)294,736 JPY (20.0Y/80.0sq.m)
Kawasakidaishi116,356 JPY (32.2Y/105.0sq.m)482,865 JPY (7.7Y/112.3sq.m)315,137 JPY (10.0Y/81.9sq.m)
Higashimonnzenn-532,415 JPY (12.8Y/158.6sq.m)390,648 JPY (12.3Y/76.7sq.m)
Sanngyoudouro245,901 JPY (39.5Y/370.0sq.m)322,447 JPY (21.5Y/282.5sq.m)235,909 JPY (23.5Y/57.5sq.m)
Kojimashinndenn590,909 JPY (0.5Y/240.0sq.m)768,718 JPY (11.3Y/232.0sq.m)451,294 JPY (10.3Y/267.5sq.m)

*Average unit prices per sq.m of Home at each train station were calculated using the Utinokati database of actual market sales prices (based on surveys conducted by the Ministry of Land, Infrastructure, Transport, and Tourism of Japan). Units: JPY (Japanese Yen); parenthesis contain average age in years of building / equivalent measurement of area of real estate.

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Noteworthy stations

Kojimashinndenn590,909 JPY/sq.m (-23% compared with the previous year)

The average price of a sq.m Home of Kojimashinndenn was 590,909 JPY/sq.m. The market value represents a decrease of 177,809 JPY (-23.1%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 4 (-80.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 0.5 years old (a -95.5% decrease compared to the 11.3 years old of last year.). The average size of the real estate was 240.0 sq.m (a +3.4% increase compared to the 232.0 sq.m of last year.). The average total floor space of the real estate was 220.0 sq.m (a +109.5% increase compared to the 105.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average age of the building (representing 11.3 years old in 2016 and 0.5 years old in 2017; -95.5%)
  • A dramatic increase in transactions involving nearly new buildings under 3 years old (representing 40.0% of total transactions in 2016 and 100.0% of total transactions in 2017)

Kawasakidaishi116,356 JPY/sq.m (-76% compared with the previous year)

The average price of a sq.m Home of Kawasakidaishi was 116,356 JPY/sq.m. The market value represents a decrease of 366,509 JPY (-75.9%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 11 (-84.6%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 32.2 years old (a +318.9% increase compared to the 7.7 years old of last year.). The average size of the real estate was 105.0 sq.m (a -6.5% decrease compared to the 112.3 sq.m of last year.). The average total floor space of the real estate was 355.0 sq.m (a +158.2% increase compared to the 137.5 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 9.8 min in 2016 and 4.0 min in 2017; -59.4%)

Causes of price decreases

  • A dramatic increase in average age of the building (representing 7.7 years old in 2016 and 32.2 years old in 2017; +318.9%)
  • A dramatic increase in transactions involving relatively old buildings under 40 years old (representing 8.3% of total transactions in 2016 and 50.0% of total transactions in 2017)

Breakdown of each segment

Station:   Segment:

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Utinokati, Outi Research

*If you wish to use or reproduce this data, please enter the URL (https://utinokati.com/en/) where the data will be posted. (As a general rule, prior consent is not required.) Our data is based on Ministry of Land, Infrastructure, Transport, and Tourism of Japan (actual market sales prices)